Wyndham Hotels & Resorts, Inc. (NYSE:WH) Shares Bought by Kiltearn Partners LLP

Kiltearn Partners LLP increased its holdings in Wyndham Hotels & Resorts, Inc. (NYSE:WH) by 32.9% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 62,400 shares of the company’s stock after purchasing an additional 15,458 shares during the quarter. Kiltearn Partners LLP’s holdings in Wyndham Hotels & Resorts were worth $4,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in WH. Boston Partners boosted its holdings in shares of Wyndham Hotels & Resorts by 15.4% in the first quarter. Boston Partners now owns 3,227,106 shares of the company’s stock valued at $247,646,000 after acquiring an additional 430,053 shares in the last quarter. Burgundy Asset Management Ltd. increased its position in shares of Wyndham Hotels & Resorts by 70.9% during the 2nd quarter. Burgundy Asset Management Ltd. now owns 2,210,658 shares of the company’s stock valued at $163,589,000 after purchasing an additional 916,742 shares during the period. Thrivent Financial for Lutherans raised its stake in shares of Wyndham Hotels & Resorts by 40.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 1,747,295 shares of the company’s stock worth $136,533,000 after buying an additional 506,593 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in Wyndham Hotels & Resorts by 18.9% during the second quarter. Dimensional Fund Advisors LP now owns 1,237,944 shares of the company’s stock valued at $91,609,000 after buying an additional 196,982 shares in the last quarter. Finally, Millennium Management LLC grew its holdings in Wyndham Hotels & Resorts by 12.6% during the second quarter. Millennium Management LLC now owns 1,174,404 shares of the company’s stock worth $86,906,000 after acquiring an additional 131,848 shares during the period. 93.46% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

WH has been the subject of a number of research analyst reports. The Goldman Sachs Group assumed coverage on shares of Wyndham Hotels & Resorts in a report on Wednesday, September 18th. They issued a “buy” rating and a $96.00 price target for the company. Barclays increased their target price on shares of Wyndham Hotels & Resorts from $90.00 to $100.00 and gave the company an “overweight” rating in a research note on Friday, October 25th. Stifel Nicolaus lifted their price target on shares of Wyndham Hotels & Resorts from $92.00 to $107.00 and gave the stock a “buy” rating in a research report on Tuesday. Robert W. Baird increased their price objective on Wyndham Hotels & Resorts from $92.00 to $97.00 and gave the company an “outperform” rating in a research report on Friday, October 25th. Finally, StockNews.com raised Wyndham Hotels & Resorts from a “sell” rating to a “hold” rating in a research note on Friday, November 1st. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $100.00.

Wyndham Hotels & Resorts Trading Up 0.3 %

Wyndham Hotels & Resorts stock opened at $98.03 on Wednesday. The company has a 50 day moving average price of $86.25 and a 200 day moving average price of $78.16. The company has a debt-to-equity ratio of 4.19, a quick ratio of 0.97 and a current ratio of 0.97. Wyndham Hotels & Resorts, Inc. has a 52 week low of $67.67 and a 52 week high of $98.80. The firm has a market capitalization of $7.63 billion, a price-to-earnings ratio of 31.12, a P/E/G ratio of 2.48 and a beta of 1.31.

Wyndham Hotels & Resorts (NYSE:WH) last issued its quarterly earnings results on Wednesday, October 23rd. The company reported $1.39 earnings per share for the quarter, beating analysts’ consensus estimates of $1.38 by $0.01. The business had revenue of $396.00 million for the quarter, compared to the consensus estimate of $408.32 million. Wyndham Hotels & Resorts had a return on equity of 51.79% and a net margin of 18.29%. Wyndham Hotels & Resorts’s revenue for the quarter was down 1.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.31 earnings per share. Research analysts forecast that Wyndham Hotels & Resorts, Inc. will post 4.3 EPS for the current year.

Wyndham Hotels & Resorts Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, December 27th. Stockholders of record on Friday, December 13th will be given a $0.38 dividend. This represents a $1.52 dividend on an annualized basis and a dividend yield of 1.55%. The ex-dividend date is Friday, December 13th. Wyndham Hotels & Resorts’s dividend payout ratio (DPR) is 48.25%.

Insider Transactions at Wyndham Hotels & Resorts

In related news, insider Scott R. Strickland sold 2,850 shares of the firm’s stock in a transaction that occurred on Tuesday, November 5th. The shares were sold at an average price of $88.14, for a total transaction of $251,199.00. Following the transaction, the insider now owns 26,062 shares of the company’s stock, valued at approximately $2,297,104.68. This trade represents a 9.86 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Stephen P. Holmes sold 80,000 shares of Wyndham Hotels & Resorts stock in a transaction that occurred on Friday, October 25th. The shares were sold at an average price of $91.01, for a total transaction of $7,280,800.00. Following the completion of the sale, the director now owns 366,371 shares of the company’s stock, valued at $33,343,424.71. This trade represents a 17.92 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 102,890 shares of company stock valued at $9,273,255 over the last three months. 2.79% of the stock is owned by corporate insiders.

Wyndham Hotels & Resorts Profile

Wyndham Hotels & Resorts, Inc operates as a hotel franchisor in the United States and internationally. It operates through Hotel Franchising and Hotel Management segments. The Hotel Franchising segment licenses its lodging brands and provides related services to third-party hotel owners and others.